As the price hits various defined targets I would like to close out x number of lots but only want this to occur one time at each level.
i.e.
Open buy position
Price rises 30 pips above open
-- Close one lot
price then continues up to 60 PIPS above open
-- Close one lot
Then trade with a trailing stop until stopped out
-- Close remaining lots
My problem is that I only want each of these to occur "ONE" time. Meaning, if the price rises 30 above open and we sell off 1 lot I don't want it to sell another lot if it goes below 30 and then back up above 30 again.
Can someone assist / offer a suggestion on how I can control this?
Thanks,
Bob